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$225,000

$247,500

1932 Gale Dr, Pelican Bay, TX, 76020

On MarketInfo
Price DropInfo
Beds3 Beds
Baths1 Bath
Baths1,344 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$167.41 / sqft
Year BuiltBuilt in 2002

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Refrigerator
FlooringVinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size19,450 sqft

Building Information

Year Built1990
Garage Spaces2

Land Information

APN32080--------33---20
Lot Number33-34
SubdivisionPelican Bay Tenth Filing
Land UseResidential
Legal DescriptionPELICAN BAY TENTH FILING LOT 33 & 34 1990 28 X 48 LB# 192D51741
Census Tract114203
Assessed Land Value$66,990
Assessed Improvement Value$8,106
Assessment Year2025

About this property

PRICE IMPROVEMENT!!! Looking for the perfect blend of relaxation and versatility? This stunning 3-bedroom, 2-bathroom home sits on a spacious double lot at the end of a quiet dead-end street, offering everything you’ve been dreaming of. This property is packed with recent upgrades for peace of mind, including a newer roof, HVAC system, and water heater. Inside, you’ll find beautiful luxury vinyl flooring throughout and a modern, updated main bathroom. The outdoor features truly set this home apart: - Massive Porches: Relax on the incredible 12x49 covered front porch (complete with a ramp) or the 14x9 covered back porch. - Workshop & Storage: Includes a 16x16 workshop with electricity, a 9x9 storage building, and two large carports (25x22 and 24x20). - Double the Potential: The adjoining lot is fully fenced with mature shade trees and already has water, sewer, and electricity available—perfect for building a second home or guest house. As a bonus, you’ll enjoy fantastic community lake access, including a boat ramp, dock, and beach area. Don't miss out on this unique double-lot gem!

Investor Tools

$0Estimated Mortgage Balance
$147,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

Interested in this property?

Darlene Carter

Marie Pigg Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$104/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$512
$75,096
2025
$66,990
$8,106
$75,096
No

Tax History

Year
Tax Paid
Assessed Value
2025
$512
$75,096

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$149,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,020/mo
N/A
+$1,020/mo
8.3%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Pelican Bay

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1932 Gale Dr | Property Details | No Agent List